Wednesday, March 05, 2025 | 06:22 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

ABB drops on Q4 net dip

Image

SI Reporter Mumbai

ABB has dropped in morning trades following a dip in Q4 and FY09 profits.

The stock opened at Rs 794 and touched a high of Rs 797. However, it slipped 3% from there to a low of Rs 775. The stock is now trading with a loss of 2.2% at Rs 777. Around 12,000 shares have been traded on the BSE so far.

The net profit of the company dropped 43% to Rs 109.60 crore in the quarter ending December 31, 2009 from Rs 193.11 crore in the corresponding quarter a year ago.

Total income decreased 14% to Rs 1,906.78 crore from Rs 2,217.05 crore in the same period.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 02 2010 | 10:03 AM IST

Explore News